Social relevance

Economics is about the use and allocation of scarce resources. The bachelor's programme in Economics covers basic economic theory and methodology. Students shall learn to understand and analyse complex issues in society and be able to assess their impact on the economy.

Qualifications after graduation

The programme qualifies students for admission to master's degree programmes in Norway and abroad. At NMBU students can apply to the master's programme in Economics, for example. Graduates from the bachelor's programme can seek employment in a broad range of fields, such as environmental politics, development aid, business development, agricultural administration or economic analysis. Specialization in business economics qualifies for employment in administration, financial management, accounting and sales.

Admission requirements

You can find general information on admission to NMBU here. Admission requirements: Higher education entrance qualification. Good mathematical skills are an advantage, but not a requirement.

Learning outcomes

A candidate who has completed the education is expected to have achieved the following learning outcomes, defined in competence, knowledge and skills: Knowledge: -Show knowledge about key topics in mathematics, statistics, micro- and markoeconomic theory, econometrics, economics of enterprise, finance and economic analyzes and models. -Show knowledge in one or more core areas: environmental and resource economics, energy economics, development economics, international trade, agricultural policy, business management or business development. -Demonstrate knowledge of key economic topics and current issues in research and development within the field of economics. -Show knowledge of guiding role of economics for policy, and the importance of interaction with the natural sciences and other disciplines in economic modeling and policy design in order to minimize environmental impact and promote sustainable development. -Demonstrate knowledge of creativity and innovation processes and the need for them, both in the field of economics and in interaction with other disciplines offered at University of Life Sciences. -Demonstrate an understanding of economic issues and ethical dilemmas related to working as an economist. -Display knowledge of the history of the field of economics,its traditions and distinctiveness. Skills: -Apply economic knowledge, economic models and mathematical and econometric methods to illuminate economic issues. -Orient oneself in the relevant literature, delineate economic issues, as well as display insight into how one can establish a connection between theory and empirical data. -Apply knowledge of economics and relevant results from research and development work on practical and theoretical issues, and make reasoned choices. -Can formulate economic problems mathematically, master a financial software program and carry out a cost-benefit analysis. General competence: -Work independently and organize and plan their own work within given deadlines. -Update their knowledge in the economic field. -Display scientific curiosity. -Reflect on and improve one\'s own professional practice under supervision. -Exchange views on economic issues with people who have different cultural background. -Plan and carry out varied tasks and projects in economics, alone or with others in a group, in line with ethical requirements and guidelines. -Convey central economic theory, models, problems and solutions both orally and in writing. -Develop the ability to clarify issues, implement logical reasoning and applying mathematics. -Exchange views and experiences with other communities with financial education and contribute to the development of good practice.

Learning activities

Most courses are mainly based on lectures, which are supplemented with colloquia, seminars, self-study, group work, excursions, exercises, presentations, computer tools, etc.


Various forms of student assessment are applied. Some courses use traditional final examinations, whereas others use continuous assessment in the form of projects, presentations, semester assignments and student lectures.

Programme contents and structure

The programme consists of 125 ECTS that is compulsory in basic fields as mathematics, statistics, economics and economic methods. In addition, it is compulsory to take at least 10 ECTS within Economics at an intermediate level (200-level course code). The remaining credits are used on elective courses to design an individual profile.

Cooperation with other institutions

School of Economics and Business cooperates with other Norwegian universities via the National University Committee for Economics.

Studies abroad

Students at School of Economics and Business are encouraged to take part of their bachelor's degree at a foreign university to facilitate academic and personal development. NMBU has numerous agreements with recognized universities in all parts of the world. School of Economics and Business also maintains extensive academic networks with international institutions and advisers.

Arrangements for incoming exchange students

Many of the courses at School of Economics and Business can be taught in English if needed. We highly welcome incoming guest students and will do our best to adapt our courses in order to facilitate student exchange.


You can find general information on accessibility and individual facilitation for students with disabilities or special needs at NMBU here:

Published 1. August 2014 - 11:48 - Updated 14. April 2020 - 14:21